GM Posts $39b Loss for 3Q
Posted By: Dr. Frugal in Economics on 11/07/2007 at 06:48:59
GM posted enormous 3Q losses this morning to the tune of $39 billion dollars. Let's play a little game today. There are ~91 days per quarter so GM was losing about $428 million a day or about $17 million an hour which is about $283,000 a minute or $4722 a second. Each second for the past 90 days, GM has lost $4722.
That's a lot of money.
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